Post EU referendum data: UK consumer price inflation: Sep 2016, UK producer price inflation: Sept 2016, UK house price index: Aug 2016 and find out more about ONS economic events

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18 October 2016


Economy

UK consumer price inflation: Sep 2016

The Consumer Prices Index (CPI) rose by 1.0% in the year to September 2016, compared with a 0.6% rise in the year to August.

The rate in September 2016 was the highest since November 2014, when it was also 1.0%.

The main upward contributors to change in the rate were rising prices for clothing, overnight hotel stays and motor fuels, and prices for gas, which were unchanged, having fallen a year ago.

UK producer price inflation: Sept 2016

The price of goods bought and sold by UK manufacturers, as estimated by the Producer Price Index, rose again in the year to September 2016. This is the third consecutive increase following 2 years of falls and the largest increase since September 2013.

Factory gate prices (output prices) for goods produced by UK manufacturers rose 1.2% in the year to September 2016, compared with a rise of 0.9% in the year to August 2016.

UK house price index: Aug 2016

Average house prices in the UK have increased by 8.4% in the year to August 2016 (up from 8.0% in the year to July 2016), continuing the strong growth seen since the end of 2013.

The average UK house price was £219,000 in August 2016. This is £17,000 higher than in August 2015 and £3,000 higher than last month.

Additional analysis of the producer price index (PPI) and consumer price index (CPI): Sept 2016


Today ONS hosts the Economic Forum, a quarterly event aimed at City analysts, business economists, media, and academic users, to provide an opportunity to discuss issues relating to the measurement of the economy and the range of relevant ONS economic statistics, including GDP, the labour market, prices and the public finances.

View the event slides from today's Economic Forum

 

We're also hosting an event 21-23 February Economic Statistics in a digital age: meeting the challenges of an evolving, modern economy at Celtic Manor, Newport. 

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